Forex13 hours ago (May 08, 2020 03:30PM ET) (C) Reuters. A small toy figure and representations of the virtual currency Bitcoin stand on a motherboard in this picture illustration By Gertrude Chavez-Dreyfuss NEW YORK (Reuters) - Bitcoin is about to undergo a scheduled technical adjustment as the number of new coins awarded the computer wizards who "mine" the cryptocurrency will ...

Forex14 hours ago (May 08, 2020 02:46PM ET) (C) Reuters. By Yasin Ebrahim Investing.com - The dollar trimmed its losses on Friday, but experts warn the recent strength of the greenback is on borrowed time, particularly against the euro, as its interest rate advantage is slipping away amid expectations for rates to drop into negative territory next year. The U.S. ...

EconomyMay 08, 2020 09:00AM ET (C) Reuters. FILE PHOTO: Argentine one hundred peso bills are displayed in this picture illustration By Hernan Nessi BUENOS AIRES (Reuters) - Argentina's peso is in increasingly treacherous waters, with twin economic and debt crises at home driving a huge gap between the official rate kept almost static by capital controls and the tumbling black ...

Forex13 hours ago (May 08, 2020 02:59AM ET) (C) Reuters. By Peter Nurse Investing.com - The U.S. dollar weakened in early European trade Friday as the onslaught of grim economic numbers raised the specter of negative U.S. interest rates, undermining the yield advantage of holding dollar-denominated assets. At 2:55 AM ET (0655 GMT), the U.S. Dollar Index, which tracks the ...

Forex16 hours ago (May 07, 2020 11:39PM ET) (C) Reuters. By Gina Lee Investing.com - The dollar retreated on Friday morning in Asia, with investors defying gloomy economic data to buy riskier currencies after some countries loosened lockdown measures. Thursday's report revealed that 3.169 million Americans claimed unemployment last week, with over 31 million Americans losing their jobs since late ...

Forex18 hours ago (May 07, 2020 09:40PM ET) (C) Reuters. A trader shows U.S. dollar notes at a currency exchange booth in Karachi By Hideyuki Sano TOKYO (Reuters) - The dollar slipped on Friday as investors defied a broader sense of doom around upcoming U.S. employment data and found reasons to buy riskier currencies with more governments slowly reopening their ...

Forex19 hours ago (May 07, 2020 08:40PM ET) (C) Reuters. BUENOS AIRES (Reuters) - Argentina said on Thursday it had exchanged treasury bonds in local currency for new instruments worth a total of 118.365 billion pesos ($1.76 billion) on the eve of a deadline for creditors to accept a massive debt restructuring offer. The Economy Ministry said it swapped the ...

Forex19 hours ago (May 07, 2020 08:36PM ET) (C) Reuters. India to Take on Offshore Currency Markets Amid Virus Tumult (Bloomberg) -- India is taking its first baby steps to tackle a growing offshore market for its currency. Two exchanges -- India International Exchange (IFSC) Ltd. and NSE IFSC Ltd. -- will on Friday begin trading foreign-exchange settled rupee derivatives, ...

Forex18 hours ago (May 07, 2020 08:54AM ET) (C) Bloomberg. A 10 Turkish Lira banknote (Bloomberg) -- Turkey's banking watchdog barred local lenders from trading liras with Citibank NA., BNP Paribas (OTC:BNPQY) SA and UBS AG, saying the three foreign banks failed to meet their lira liabilities. Banking regulator issued the ban after state media blamed unidentified London-based financial institutions ...

Forex9 hours ago (May 07, 2020 04:25AM ET) (C) Reuters. FILE PHOTO: Turkish lira and U.S. dollar banknotes are seen in this illustration ISTANBUL (Reuters) - Turkey's lira fell to a record low against the U.S. dollar on Thursday after traders interpreted comments from a Federal Reserve policy maker as ruling out a Fed swap line to cushion Ankara's depleted ...

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